Use the time/tip data from the table below, which includes data from New York City taxi rides. (The distances are in miles, the times are in minutes, the fares are in dollars, and the tips are in dollars.) Find the regression equation, letting time be the predictor (x) variable. Find the best predicted tip for a ride that takes 30 minutes. How does the result compare to the actual tip amount of $4.70? Use a significance level of 0.05. Distance 2.47 1.65 1.80 0.49 8.51 12.71 0.68 1.32 Time 18.00 11.00 25.00 2.00 31.00 27.00 6.00 8.00 Fare 14.30 9.80 16.30 4.80 31.75 36.80 6.30 7.80 Tip 4.29 1.96 1.50 0.00 2.98 0.00 1.89 0.00 Question content area bottom Part 1 The regression equation is ModifyingAbove y with caretequals0.83 plus left parenthesis 0.0467 right parenthesis x . (Round the y-intercept to two decimal places as needed. Round the slope to four decimal places as needed.) Part 2 The best predicted tip for a ride that takes 30 minutes is